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Stock impact report

SPX Reports Fourth Quarter and Full-Year 2024 Results

SPX Corporation (SPXC) 
Last spx corporation earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
Q4 and Full Year 2024 GAAP EPS of $1.19 and $4.29 Compared with $0.67 and $3.10 in 2023, Up 78% and 38%Full-Year 2024 GAAP Net Income of $200.5 million Compared with $89.9 million in 2023, Up 123%Q4 and Full-Year Adjusted EPS* of $1.51 and $5.58 in 2024 Compared with $1.25 and $4.31 in 2023, Up 21% and 29%Introducing 2025 Full-Year Adjusted EPS* Guidance Range of $6.00-$6.25 CHARLOTTE, N.C., Feb. 25, 2025 (GLOBE NEWSWIRE) -- SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) today reported results for the fourth quarter and year ended December 31, 2024. Gene Lowe, President and CEO, remarked, “I am very pleased with our full-year 2024 results, including Adjusted EBITDA* growth of 36% and Adjusted EPS* growth of 29%, which was near the top end of our guidance range. Our strong Q4 performance included record margin and profitability in our HVAC segment, supported by robust customer demand and solid operational execution.” Mr. Lowe continued, “I am proud of our Show less Read more
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